SNAPFORWARD

Coach Inc. is building a brand portfolio for itself. In May, the company announced that it will acquire rival Kate Spade & Company in a deal that has been the subject of speculation for months. The move comes two years after the company acquired Stuart Weitzman. When the deal closes in the third quarter, Coach hopes that the acquisition of Kate Spade and its 178 stores will provide it with an inroad to the millennial market and allow it to tap into what it sees as latent international demand for the Kate Spade brand.

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Mike joined Chain Store Guide in February 2016 as a data content editor and writer, bringing with him the extensive publishing, brand management and new-product development experience that he gained over the course of a decade with John Wiley & Sons publishers and the “For Dummies” brand in North America and the U.K. He holds a Bachelor’s degree in Marketing from Ball State University.